Description
Assistant Director, LFBO OversightI. JOB SPECIFIC DUTIES AND RESPONSIBILITIES:Reporting to the associate director, the assistant director has responsibility for administering the System's risk-focused supervision of large and foreign banking organizations.

These banking organizations have complex businesses and structures, and their supervision requires coordination broadly among foreign as well as U.S. supervisory authorities. The position also has responsibility for the management and administration of the programs and staff reporting directly to the assistant director.Duties for this role include the following:1) Oversees System supervisory activities relating to the supervision of large banks and foreign banking organizations.

2) Oversees participation in aspects of the supervisory process, which includes defining, planning, and scheduling firm specific supervisory activities, performing supervisory reviews, and undertaking supervisory remedial action measures, if necessary.3) Oversees Board staff efforts to identify and address emerging supervisory issues in large and foreign banking organizations in coordination with Reserve Banks, other federal agencies, and foreign regulators.4) Oversees production of reports, briefings, and memoranda on the performance and financial condition of large and foreign organizations, as well as on any emerging or existing issues or areas of supervisory concern.

5) Develops and delivers formal and informal presentations on supervised companies and supervision strategies to senior officials of the Division and Reserve Banks, as well as to the Board.6) Promotes quality and consistency in the System's approach to large bank and foreign bank supervision through leading and participating in the Large and Foreign Banking Organizations Management Group.7) Collaborates with the Legal division and the Mergers and Acquisitions section related to enforcement actions and applications.

8) This position will require the successful completion of a Board Tier 4 background investigation.Deputy Associate Director, LFBO OversightI. JOB SPECIFIC DUTIES AND RESPONSIBILITIES:Reporting to the associate director, the deputy associate director has responsibility for providing oversight and guidance related to the System's risk-focused supervision of large and foreign banking organizations.

These banking organizations have complex businesses and structures, and their supervision requires coordination broadly among foreign as well as U.S. supervisory authorities. The position also has responsibility for the management and administration of the programs and staff reporting directly to the deputy associate director.Duties for this role include the following:1) Oversees System supervisory activities relating to the supervision of large banks and foreign banking organizations.

2) Oversees participation in aspects of the supervisory process, which includes defining, planning, and scheduling firm specific supervisory activities, performing supervisory reviews, and undertaking supervisory remedial action measures, if necessary.3) Oversees Board staff efforts to identify and address emerging supervisory issues in large and foreign banking organizations in coordination with Reserve Banks, other federal agencies, and foreign regulators.4) Oversees production of reports, briefings, and memoranda on the performance and financial condition of large and foreign organizations, as well as on any emerging or existing issues or areas of supervisory concern.

5) Develops and delivers formal and informal presentations on supervised companies and supervision strategies to senior officials of the Division and Reserve Banks, as well as to the Board.6) Promotes quality and consistency in the System's approach to large bank and foreign bank supervision through leading and participating in the Large and Foreign Banking Organizations Management Group.7) Collaborates with the Legal division and the Mergers and Acquisitions section related to enforcement actions and applications.

8) Provides leadership on broader division initiatives to advance supervisory goals and objectives.9) This position will require the successful completion of a Board Tier 4 background investigation.II. DIVISION SPECIFIC REQUIREMENTS:Demonstrated expertise and leadership experience in the expectations of S&R officers: Actively contribute to leadership of the Division as a whole and in a manner that has positive impact with respect to tone and substance beyond the specific program or sections for which we are responsible-help, guide, influence, impact, and work beyond your particular scope/focus; Create an environment that seeks divergent views, foster diversity, equity and inclusion, and perspectives to promote constant process improvement; Lead and support the professional growth of all employees and help develop next-generation leaders; Leverage diverse talents and positively impact culture and staff engagement; Coordinate with and maintain strong working relationships with numerous stakeholders, including Board staff, Reserve Bank management, and colleagues at other supervisory agencies; Achieve results in ambiguous situations by being adaptive and resilient, holding people accountable for agreed-upon results, managing for performance, and demonstrating professionalism and thoroughness by moving issues and projects to closure; Work on complex issues where analysis of situations and data requires an in-depth evaluation of variable factors; Leverage personal credibility, background, experience, and judgment to be influential with internal and external audiences; Be able to demonstrate strong project management and execution capabilities, analytical skills, political savvy, and conflict mediation skills; and Manage all realms of performance effectively by setting clear expectations, assessing and differentiating performance, providing candid, continuous, two-way conversations with relevant feedback, and recognizing achievements.

This position is located in Washington DC. Relocation assistance is available. Employees are expected to spend a minimum of 4 days per month onsite.

QualificationsAssistant Director, LFBO OversightIII. KNOWLEDGE/SKILL/EDUCATION REQUIREMENTS: 1) Degree in Finance, Economics, Public Policy or a related field or equivalent experience. Advanced degree or equivalent experience preferred.

2) Five or more years of experience in at least one of the following fields: bank supervision, financial institution audit or financial institution risk management.3) Three or more years of experience in leading people, including setting strategy, establishing aligned performance expectations, providing clear and actionable feedback, and developing people.4) Strategic thinker with demonstrated strong project execution and project management capabilities, analytical skills, political savvy, and conflict mediation skills.

5) Demonstrated experience and commitment to fostering collaboration and employee engagement.6) Ability to lead and manage staff and projects effectively, set priorities, assess performance, guide staff development and make budgetary recommendations.7) Ability to balance competing interests among a variety of clients and readily readjust priorities to respond to pressing and changing client demands.

Must be able to anticipate and meet the clients' needs while maintaining high-quality end products. 8) Exceptional organization savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing teams, diminishing organizational silos, strengthening teams, and facilitating effective group and team dynamics9) Requires the ability to communicate effectively, both orally and in writing, with all levels of staff and management.Deputy Associate Director, LFBO OversightIII.

KNOWLEDGE/SKILL/EDUCATION REQUIREMENTS: 1) Degree in Finance, Economics, Public Policy or a related field or equivalent experience. Advanced degree or equivalent experience preferred.2) Five or more years of experience in at least one of the following fields: bank supervision, financial institution audit or financial institution risk management.

3) Five or more years of experience in leading people, including setting strategy, establishing aligned performance expectations, providing clear and actionable feedback, and developing people.4) Three years of officer experience or officer equivalent experience, such as executive leadership responsibility.5) Strategic thinker with demonstrated strong project execution and project management capabilities, analytical skills, political savvy, and conflict mediation skills.

6) Demonstrated experience and commitment to fostering collaboration and employee engagement.7) Ability to lead and manage staff and projects effectively, set priorities, assess performance, guide staff development and make budgetary recommendations.8) Ability to balance competing interests among a variety of clients and readily readjust priorities to respond to pressing and changing client demands.

Must be able to anticipate and meet the clients' needs while maintaining high-quality end products. 9) Exceptional organizational savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing teams, diminishing organizational silos, strengthening teams, and facilitating effective group and team dynamics10) Requires the ability to communicate effectively, both orally and in writing, with all levels of staff and management.IV. OFFICER SPECIFIC POSITION RESPONSIBILITIES: 1) Acts as responsible steward to the function, Division, and Board by demonstrating proficiency in the Board's espoused competencies.

2) Balances and mitigates key organizational and functional risks where appropriate, and develops and executes sustainable risk mitigation strategies.3) Fosters a continuous learning culture.4) Exercises appropriate judgement and decision-making in complex situations.

5) Demonstrates innovation and thought leadership relevant to future-state organizational and functional people strategies.6) Demonstrates strong leadership and management skills aligned to the Board's espoused values.7) Keeps skills and knowledge current and aligned to best practices relative to key rules, regulations, and policies, as well as economic, political, and social trends that affect the organization.

Understands near term and long term needs for the organization and determines how operations should be positioned to meet such needs.8) Demonstrates proficiency in political savvy, organizational savvy, and interpersonal communication skills.V. BOARD COMPETENCIES:1) Decision Quality: Makes timely, thoughtful, strategic decisions2) Learning Agility: Takes responsibility for building organizational agility3) Drive for Excellence: Delivers results by developing shared vision and direction for the organization4) Perspective and Strategic Agility: Leads and acts with the future in mind5) Collaborative Relationships: Sets the tone for collaborative organization6) Effective Communication: Effectively speaks and acts on behalf of the Board7) Customer Focus: Anticipates, meets, and strives to exceed the needs of internal and external stakeholders by building trusting relationships based on respect and open communication - Division SpecificVI.

PERSONAL RELATIONSHIPS:1) Has regular contact with all staff in the function to stay connected to the pulse of the division, provide leadership, and act as a role model.2) Has frequent contact with senior staff and other professionals in the division, elsewhere at the Board, and the Reserve Banks regarding matters pertaining to area of responsibility.3) Has frequent contact with members of the Board, both in discussions and through memoranda, regarding matters pertaining to area of responsibility.

4) Has frequent contact with individuals from other federal agencies, international organizations, and in the private sector regarding the subject matters in area of responsibilities.VII. INTERNAL MANAGEMENT RESPONSIBILITIES:1) Provides guidance, coaching, and feedback to, and conducts performance reviews for managers and other direct reports, and ensures same is provided to all function staff.2) Responsible for accomplishing approved program objectives for area of responsibility within the financial and personnel resources allocated by the Board and the division's senior management.

3) Participates in the development of the division's strategic plan, goals, and budget. Recommends program objectives and their priorities for area of responsibility.4) Recommends personnel actions involving promotions, reclassifications, merit increases, and reassignments or separations in area of responsibility.VIII.

POSITION DEMANDS:1) Ability to exercise independent and sound judgment in establishing objectives for assigned areas of responsibility that provide support and services for the divisions and Board's missions. 2) Ability to translate customer service and organizational development theories and best practices into effective strategies for adoption in area of responsibility to achieve and maintain high levels of customer service.3) Ability to communicate effectively, both orally and in writing, to the Board and individual members thereof, senior Board staff, other Board and Reserve Bank staff: and staff at other government agencies and in the private sector on complex and technical matters.

4) Ability to be an effective spokesperson and advocate for the Board and the division in outside contacts, which may involve significant business dealings.5) Ability to operate under pressure to meet deadlines accurately and in a timely manner.Job Type: StandardShift: Day JobTravel: Yes, 25 % of the TimeEmployee Status: Regular.